Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Lil Durk Acquitted On All Charges In Murder-For-Hire Trial
A federal jury acquitted hip-hop star Durk Banks, known professionally as Lil Durk, on all five charges tied to a Los Angeles murder-for-hire case. The jury returned its verdict after three days of deliberations. Banks, however, has not been released from federal custody following the acquittal. Prosecutors accused Banks of orchestrating a 2022 shooting targeting rapper Quando Rondo. The attack instead killed Rondo’s cousin, Saviay’a Robinson, near the Beverly Center. The government alleged t
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Ben Shelton defeats Frances Tiafoe making history as he advances to first US Open final
Ben Shelton shook off an erratic start to power past Frances Tiafoe 4-6, 6-3, 6-3, 7-5 in an all-American US Open semi-final on Friday and book a championship showdown with top seed Alexander Zverev. Eighth-seeded Shelton, who knocked off defending champion Carlos Alcaraz in the quarter-finals, will play his first Grand Slam final on Sunday, when he'll be aiming to end American men's 23-year drought in the majors and deny French Open champion Zvereva second Grand Slam title of 2026. He makes h
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Beyoncé Gifts $2 Million To Harlem Museum For Her 45th Birthday
Beyoncé Knowles-Carter marked her 45th birthday with a $2 million gift to the Studio Museum in Harlem, extending the music icon’s influence into the business and cultural worlds. Beyoncé announced the contribution Sept. 4, with The Art Newspaper first reporting the donation. The gift comes less than a year after the museum opened its $300 million building on 125th Street in Harlem. View this post on Instagram A post shared by the Jasmine BRAND (@thejasminebrand) The expanded facility giv
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Elena Rybakina comes from set down to win Coco Gauff in US Open semi-final
Elena Rybakina rallied from a set down to beat Coco Gauff 3-6, 6-4, 6-4 on Thursday and book a US Open championship showdown with two-time defending champion Aryna Sabalenka. In Saturday's final Rybakina will try to deal another blow to Sabalenka, having knocked her out of the number one world ranking just by reaching the semi-finals. "I feel like I definitely need to step my game up, serve much better than today and stay aggressive," Rybakina said of her looming clash with Sabalenka. Gauff's
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